BRALORNE-PIONEER GOLD BELT, BRITISH COLUMBIA, CANADA

VANCOUVER, CANADA, Feb. 11, 2015, — Hi Ho Silver Resources Inc. (“Hi Ho”) or the “Company” (CSE:HHS) is pleased to announce that it has purchased 77 mineral tenures covering 1146 hectares in the

Bridge River- Bralorne-Pioneer gold belt of southern British Columbia, Canada, pursuant to a property purchase agreement dated Feb 9, 2015 with Turnagain Resources Ltd. and 0998601 BC Ltd. The claims cover the 6 km southeast

Location of Hi Ho Claims

extension of the mineral belt extending through the historic Pacific Eastern prospect (sometimes known as the Pioneer Extension) as far as the Dan Tucker prospect.

The majority of this land was formerly covered by Crown Grants, now all reverted, all of which were issued for the purpose of advancing exploration and development of the patent lands. The area is located241 km northeast of Vancouver, and 11 km northwest of Gold Bridge.

Consideration for 100% interest in the claims, with no retained net smelter royalty, was $10,000 cash and 3,000,000 common shares to Turnagain Resources Ltd., and 2,000,000 common shares to 0998601 BC Ltd. All shares will have a hold period until June 9, 2015.

The Bralorne and Pioneer mines, currently held by Avino Silver & Gold Mines Ltd., have been in production since 1928, with a cumulative production from the Bralorne and King Mines of 5.5 m.t. grading 0.5 oz/ton gold, and from the Pioneer Mine of 2.5 million tonnes of 0.54 oz/ton gold. This production was achieved from a vein system extending about 3 km in length and to a depth of 1830 meters. The prospective new property covers the adjoining Pacific Eastern vein system, partly developed by a shaft and underground drifts, and extends southerly for 6 km along the mineral trend. The Cadwallader fault , a major structural feature of the belt, runs the entire length of the claim block.

The reader is cautioned that this property is in the exploration stage, and that no mineral resource or mineral reserves are known on the property. There can be no assurance that additional exploration will result in the discovery of a mineral resource or that if discovered such resource can be economically mined.

Case Lewis, P.Geo., an independent Qualified Person under National Instrument 43-101, has reviewed and approved the scientific and technical information in this press release.

For additional information on Hi Ho Silver Resources Inc., please contact:

Dennis H. McKnight

President and CEO

Hi Ho Silver Resources Inc.

C.778-868-9424

Email: [email protected]

Website: www.hihoresources.com

The Canadian Securities Exchange (CSAE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this document. Company information can be viewed here: www.CSE.ca. Note: further information regarding the Company can be found on SEDAR at www.sedar.com.

The Canadian National Stock Exchange (CNSX) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this document. Company information can be viewed here: www.CNSX.ca Note: Further information regarding the Company can be found on SEDAR at www.sedar.com

FORWARD LOOKING STATEMENTS

This release contains “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements that address activities, events or developments that the Company expects or anticipates will or may occur in the future, including such things as planned exploration activities on the Property, the establishment of a NI 43-101 compliant resource on the Property, future business strategy, competitive strengths, goals, expansion, growth of the Company’s businesses, operations, plans and with respect to exploration results, the timing and success of exploration activities generally, permitting time lines, government regulation of exploration and mining operations, environmental risks, title disputes or claims, limitations on insurance coverage, timing and possible outcome of any pending litigation and timing and results of future resource estimates or future economic studies. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements..